In this paper, we propose a novel methodology for addressing the hyperspectral image deconvolution problem. This problem is highly ill-posed, and thus, requires proper priors (regularizers) to model the inherent spectral-spatial correlations of the HSI signals. To this end, a new optimization problem is formulated, leveraging a learnable regularizer in the form of a neural network. To tackle this problem, an effective solver is proposed using the half quadratic splitting methodology. The derived iterative solver is then expressed as a fixed-point calculation problem within the Deep Equilibrium (DEQ) framework, resulting in an interpretable architecture, with clear explainability to its parameters and convergence properties with practical benefits. The proposed model is a first attempt to handle the classical HSI degradation problem with different blurring kernels and noise levels via a single deep equilibrium model with significant computational efficiency. Extensive numerical experiments validate the superiority of the proposed methodology over other state-of-the-art methods. This superior restoration performance is achieved while requiring 99.85\% less computation time as compared to existing methods.
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